Land And Building for auction 15.75 cents Ganapathy Coimbatore by Indian Overseas Bank

Property for Auction in Ganapathy, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Ganapathy, Coimbatore
Auction Date IconAuction Date:
29-08-2025 10:30 AM

Auction Details

Auction ID:563073

Bank Name:Indian Overseas Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:3,18,20,000

EMD:31,82,000

Service Provider:BAANKNET

Important Dates

Submission Date:28-08-2025 05:00 PM

Bid Start Date:29-08-2025 10:30 AM

Property Description

This property is a Land and Building located in the Ganapathy area of Coimbatore, Tamil Nadu. Classified under the Residential asset category, it presents a valuable acquisition opportunity. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act.

State:Tamil Nadu

City:Coimbatore

Area:Ganapathy

Asset Category:Residential

Auction Description

Indian Overseas Bank invites bids for a SARFAESI auction of Land and Building in Ganapathy, Coimbatore, Tamil Nadu. The auction will be held on August 29, 2025, from 10:30 AM to 12:30 PM. The reserve price is INR 3,18,20,000, with an Earnest Money Deposit (EMD) of INR 31,82,000. This is an opportunity to acquire a property formerly associated with M/s. Marutham Steel Industries Pvt. Ltd.

Borrower Name:M/s. Marutham Steel Industries Pvt. Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact Phone No.: 0422-2497178

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